Pepsico (PEP) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 55.2%
EBITDA Margin: 20.3%
Op. Margin: 16.5%
Net Margin: 12.0%

Op. margin of 16.5% is up 2.1% YoY — cost efficiency is improving. Net margin at 12.0% and gross margin of 55.2% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit